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SEC leverages Fintech solution to ease market operation, regulation

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“You are aware that many companies have been able to hold virtual AGMs, and have also paid out dividends to their shareholders in spite of the lockdown.” CapitalMarket Fintech

Recall that the Commission recently launched the Fintech Roadmap for the Nigerian Capital Market, where a dedicated committee is working with it and other key stakeholders to implement the recommendations of the roadmap.

“Our staff are equipped to be able to continue to work remotely and support the market in every area. We have also issued circulars to capital market operators guiding them on how we expect that the market remains open and continues to function seamlessly. She said: “In the past, we talked a lot about FinTech or Financial Technology and how it has disrupted the market, but now it’s Covid-19 that has so disrupted the market, disrupted everything the way it is, and therefore, as human beings, we have to adapt to be able to ensure that our lives continue and not allow Covid-19 to put our lives on hold. Therefore, we are leveraging technology to be able to continue to function.

 

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